Advertisement

Baby milk powder shortage eased by increase in price and supplies

2-MIN READ2-MIN

A shortage of baby milk powder has been eased by higher prices and added supply, a business group says.

Lau Oi-kwok, chairman of the General Chamber of Pharmacy, said the situation had improved since April. He said the price increases had discouraged mainland shoppers from buying the powder in bulk.

'Back at the beginning of the year, a lot of mothers from the mainland and Hong Kong were shopping in a frenzy because they were worried about a shortage,' Mr Lau said.

Advertisement

'And among them quite a few mainland shoppers were trying to make a profit by selling the milk powder back on the mainland... The price increase has deterred such behaviour.'

But he expressed concern that retailers, especially pharmacies, still had to observe quotas when ordering supplies.

Advertisement

A spokeswoman for ParknShop said prices and supply of milk powder had remained stable since last month and that there had been no shortage of milk powder since then.

Regina Tam Chuk-ching, marketing director of Mead Johnson, which makes food for infants, said it had been closely monitoring the retail market in different districts.

Advertisement
Select Voice
Select Speed
1.00x